Wednesday, August 25, 2010

$BHP - makes cautious remarks on steel “expect output to soften from the record highs achieved in April this year”

· BHP - makes cautious remarks on steel - "With global steel production running ahead of real demand in the quarter ended June 2010, we expect output to soften from the record highs achieved in April this year…..With global steel production running ahead of real demand in the quarter ended June 2010, we expect output to soften from the record highs achieved in April this year…..However, the fundamentals remain strong in those commodities,"   Reuters

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